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absolutely right. the most important way to look at iscal cliff debate, the math is fine to go through it but the most important question in my mind will there be serious structural entitlement reforms. melissa: right. >> the kinds of reforms that will yield savings well down the road, even beyond, 10, 15, 40 year windows we're talking about. what are the structural reforms that would produce those kinds of results. those are only things we should be clear. the only things that would actually make a difference. the kinds of spending you're seeing to a great extent on the fiscal cliff and president's plan and lesser extent to the republican plan, largely discretionary spending cuts. a lot coming out of defense. these are not long-term structural changes that will put us on a path to a balanced budget. that will not happen. melissa: the other thing that struck me about the graphic when you look at it, the threat from republicans hey, we would rather go over the cliff rather than take the president's deal
absolutely right. the most important way to look at iscal cliff debate, the math is fine to go through it but the most important question in my mind will there be serious structural entitlement reforms. melissa: right. >> the kinds of reforms that will yield savings well down the road, even beyond, 10, 15, 40 year windows we're talking about. what are the structural reforms that would produce those kinds of results. those are only things we should be clear. the only things that would...
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will the president and congressional democrats just blow it right out of the sky? we'll break it all down. >>> plus the mississippi river in crisis. water levels dropped to historic lows threatening to bring commercial traffic to a halt and spike food prices. have you even heard about this? the head of one mississippi barge operator joins us whether a disaster can still be avoided. >>> would you sublet your name for an entire year? a bidding war breaks t for e right to one man's name. he is here to explain his bold idea and how he is cashing in. even when they say it's not it is always about money melissa: first let egg look at the day's market headlines. concern over the fiscal cliff bleeding into the u.s. manufacturing sector. factory activity in november declined for the first time in three months. the news weighted down stocks helping shed 59 points off the dow the raw materials sector hit hard by the contraction in manufacturing. shares of dupont were the biggest loser closing down 2%. dell getting golden endorsement from goldman sachs today. the investment ba
will the president and congressional democrats just blow it right out of the sky? we'll break it all down. >>> plus the mississippi river in crisis. water levels dropped to historic lows threatening to bring commercial traffic to a halt and spike food prices. have you even heard about this? the head of one mississippi barge operator joins us whether a disaster can still be avoided. >>> would you sublet your name for an entire year? a bidding war breaks t for e right to one...
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>> right. a handful of republican and democratic governors submerging from the west wing after the meeting with president obama with the message to fix the fiscal cliff. the democrats and republicans refuse to either endorse or dismiss either of the plans out there. the one floated by the white house and the one that house republicans floated yesterday. that, of course, the latest plan in washington, $800 billion in tax revenue increases, a trillion cuts in spending, including entitlements. it's a plan that was partially taken from the former chief of staff for president bill clinton, one that the republicans put out yesterday, and it's one that democrats roundly rejected. >> republicans' plan, on the other hand, is more of the same. not only does it balance the budget on the backs of the middle class, but voids the promise to seniors with cuts to social security and medicare all to pay for handouts to the rich. at least we know where they stand. >> republicans are willing to make sure we don't
>> right. a handful of republican and democratic governors submerging from the west wing after the meeting with president obama with the message to fix the fiscal cliff. the democrats and republicans refuse to either endorse or dismiss either of the plans out there. the one floated by the white house and the one that house republicans floated yesterday. that, of course, the latest plan in washington, $800 billion in tax revenue increases, a trillion cuts in spending, including...
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we will be right back. ♪ ♪ lori: most popular segment, at least this hour. what you need to know to make some cash. recent comments that were made on the president's health care plan. charles: this is much broader than darden. social and economic change on businesses. with the white house and the help of the media, it is doing a great job. not just on social issues, even on things like obamacare. darden reported their numbers today. you can see they are bad. even all of garden was down. melissa: a huge hit on the stock. charles: in light of the changes, precautions for sales and earnings for the full year. our outlook also reflects the potential impact, though, difficult to measure, focusing on darden google fulfillment and how we may accommodate healthcare reform. we will have a 5% surcharge because of obamacare or we will build or people from full-time to part-time: the public outrage is amazing. denny's, papa john's and applebee's all immediately said healthcare will kill us. their brand index plunge
we will be right back. ♪ ♪ lori: most popular segment, at least this hour. what you need to know to make some cash. recent comments that were made on the president's health care plan. charles: this is much broader than darden. social and economic change on businesses. with the white house and the help of the media, it is doing a great job. not just on social issues, even on things like obamacare. darden reported their numbers today. you can see they are bad. even all of garden was down....
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we will be right back after a very quick break. >> coming up on lou dobbs tonight 7:00 eastern, obama wants the wealthy to pay for 8 days of running the federal government. that still leaves a trillion dollars deficit. get serious. former ways and means committee chairman congressman bill archer joins us tonight at 7:00 eastern. stuart: well, the tax on dividends is going to go up next year. maybe by 3.8%. maybe by a whole lot more. depending on the fiscal cliff. larry ellison, top guy at oracle, he had an early dividend payout. he got a check for almost 200 million dollars. he saves 56 million by not getting that money next year. liz? liz: yeah, this is true for a lot of companies. it's the insiders who own stock in the companies that are making these moves. the so-called 1%. you know it is within their rights to do it. but what bothers me are those who say we must pay our fair share, the executives who are for, you know, raising taxes, that we have to sacrifice, and then they are avoiding higher taxes in obama care, as you point out over the break, nothing to do with the fiscal clif
we will be right back after a very quick break. >> coming up on lou dobbs tonight 7:00 eastern, obama wants the wealthy to pay for 8 days of running the federal government. that still leaves a trillion dollars deficit. get serious. former ways and means committee chairman congressman bill archer joins us tonight at 7:00 eastern. stuart: well, the tax on dividends is going to go up next year. maybe by 3.8%. maybe by a whole lot more. depending on the fiscal cliff. larry ellison, top guy at...